Stoneridge Software Earns Second Appearance on Inc. 5000 List
The Stoneridge Software team pictured at the 2018 Q2 company meeting.
A 101 percent three-year growth rate from 2014 to 2017 has earned Stoneridge Software its second appearance on the Inc. 5000 list of America’s fastest-growing private companies. A business technology consulting firm, Stoneridge Software ranks 3,661 among the top 5,000 in the nation. In 2017, Stoneridge Software earned its first Inc. 5000 appearance with a ranking of 1,150. Since the list ranks according to revenue growth, it becomes harder for companies to rank as their starting base grows. According to Inc. magazine, only one in three companies makes the list twice.
Established in 2012 by three former Microsoft employees, Stoneridge Software has quickly become a leading Microsoft Gold Partner for Enterprise Resource Planning (ERP) and Customer Relationship Management (CRM), recently achieving Microsoft Inner Circle status.
“When we started Stoneridge we were focused on being the best Dynamics partner in the market. That’s still our focus – this recognition shows that we’ve been able to fill a need which has fueled our remarkable growth. Making the list for the second consecutive year shows that we are continuing to see significant interest in our services, which is a great source of pride. We’ve been able to continue to hire an amazing team of technical experts who are passionate about serving our clients and they are our secret sauce for the continued growth,” said founder and CEO Eric Newell.
After witnessing many projects that floundered, the impetus to found Stoneridge Software began with the vision of creating an organization that would serve as a strategic business partner, successfully delivering software implementation projects, and in turn helping clients realize a better return on their investment. Stoneridge attributes much of its success to its ability to tackle and deliver complex projects, and a focus on creating a great internal work culture and client self-sufficiency. After just five years in business, Stoneridge Software serves more than 300 clients.
Stoneridge Software has more than 130 employees with offices in Barnesville, MN, Fargo, ND and Minneapolis, MN and specializes in business technology consulting with a focus on Microsoft Dynamics 365, Microsoft Dynamics AX, Microsoft Dynamics NAV, Microsoft Dynamics GP and Microsoft Dynamics CRM.
About Inc. 5000
The 2018 Inc. 5000 is ranked according to percentage revenue growth when comparing 2014 to 2017. To qualify, companies must have been founded and be generating revenue by March 31, 2014. Businesses must be U.S.-based, privately held, for profit, and independent–not subsidiaries or divisions of other companies–as of December 31, 2017. The minimum revenue required for 2014 is $100,000; the minimum for 2017 is $2 million. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top-tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000
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